Firms ‘have healthy bank balances’ | Court states Aiyaz is a director and shareholder of two companies

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FijiFirst party general-secretary Aiyaz Sayed-Khaiyum did not declare the value of shares he owns in two companies in his asset declarations filed with the Fijian Elections Office since 2017. Picture: JONACANI LALAKOBAU

A Magistrate’s court ruling delivered on September 13 states former attorney-general, Aiyaz Sayed-Khaiyum is a director and shareholder of two companies that “have healthy bank balances”.

Magistrate Jeremaia Savou noted this in the bail variation ruling for Mr Sayed-Khaiyum who was seeking court orders to travel to Singapore for medical reasons.

Mr Sayed-Khaiyum was allowed to travel out of Fiji for the period September 13, 2023, to October 26, 2023.

“Be that as it may, what is established from the affidavit filed by the State is the fact that the Applicant (Mr Sayed-Khaiyum) has one (1) property listed under his personal name and two (2) properties listed under companies which the Applicant is a director and shareholder of,” stated Mr Savou in the ruling.

“Those companies as highlighted in the affidavit filed by the State have healthy bank balances.

“The affidavit of the applicant expands on reasons that the Applicant shall return which includes but is not limited to the fact that his spouse, children and extended family reside in Fiji and his law firm operates out of Nadi, Fiji.

“In the court’s view, this highlights that there are family, business and financial interests in Fiji for the applicant which would require him to return.

“Noting that there is every reason for the applicant to return, are there sufficient reasons to vary his bail conditions to allow him to travel out of jurisdiction.

“The applicant’s reporting condition for the month of September 2023 is waived, however the applicant is required to re-commence signing in at the Namaka Police Station from October 2023.

“The requirement for permanent residence at 1 Mount St Mary’s Crescent, Martintar, Nadi shall be waived for the period 13th September 2023 to 26th October 2023 and shall recommence thereafter.”

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